Tinna Rubber and Infrastructure Ltd — Important, 01-01-1970: Company Update

Tinna Rubber's promoter group saw a significant internal share transfer. Sekhri Family Annuity Trust acquired 54.05 lakh equity shares, representing a 30% stake, from promoter Mr. Bhupinder Kumar Sekhri without any cash payment. This move, part of family estate planning to streamline ownership, ensures harmony. While the Trust's stake rises to 30.06%, and Mr. Sekhri's reduces, the overall promoter group holding remains unchanged at 67.59% of the Rs. 18.02 Cr equity capital. Public shareholding is unaffected, and company control remains stable.